| Launch date | 13 May 2024 |
| Allotment date | 03 Jun 2024 |
| End date | 27 May 2024 |
| NAV | ₹10.00 |
Inclusive of GST
Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year.
0.005% (from July 1st, 2020)
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹500 |
| Rank (total assets) | -- |
|---|---|
| Total AUM | ₹33,148.49Cr |
| Date of Incorporation | 18 Oct 2021 |
|---|
Bajaj Finserv Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Bajaj Finserv Mutual Fund. This scheme was made available to investors on 18 Oct 2021. Nimesh Chandan is the Current Fund Manager of Bajaj Finserv Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹33,148 Cr and the Latest NAV as of 02 Apr 2026 is ₹11.86. The Bajaj Finserv Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year. ;
The scheme seeks to generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securities including derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs. ;
| Fund benchmark | -- |
|---|
| Hybrid, Multi Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Quant Multi Asset Allocation Fund Direct Growth | 5 | 19.2% | 23.3% | 4,925.89 |
Nippon India Multi Asset Allocation Fund Direct Growth | 4 | 16.1% | 20.4% | 13,438.26 |
SBI Multi Asset Allocation Fund Direct Growth | 4 | 14.4% | 17.9% | 16,366.53 |
ICICI Prudential Multi Asset Fund Direct Growth | 5 | 7.5% | 17.8% | 83,044.78 |
HDFC Multi Asset Allocation Fund Direct Growth | 3 | 7.0% | 13.9% | 5,883.78 |